Fixed Deposit Account

Place your funds with Asia’s safest bank and enjoy higher returns

Enjoy enhanced yields, higher returns and improved liquidity with a DBS Fixed Deposit Account. Open an account for as little as SGD 5,000 – or the equivalent amount in a foreign currency – and earn higher interest rates by placing your funds with us for a set period of time.

You may also contact our cash management specialist at gtssales@dbs.com for assistance.

2. Can I place a Fixed Deposit without opening a Fixed Deposit Account?

No, a Fixed Deposit Account is required for placing a Fixed Deposit.

3. Do I need to submit a new set of account opening documents to open a Fixed Deposit Account if I already have a DBS Business Account?

Yes, however you will not have to complete the full set of documents. Please call us at 1800 222 2200 (if you’re in Singapore) or +65 6222 2200 (if you’re calling from overseas) and we will arrange for a relationship manager to assist you with your application.

Apply For Your Account In 5 Minutes

Not a DBS SME Banking customer yet? Open both a DBS Business Account and Fixed Deposit Account online and enjoy FREE access to IDEAL™ internet banking and more! Find out more about the Business Account here.

For social enterprises, please call DBS BusinessCare at 1800 222 2200 to make an appointment with our branches.

Alternatively, click here for the SGD Fixed Deposit form and here for the Foreign Currency Fixed Deposit form.

Why Choose Us?

Because at DBS, our commitment to our customers has made us one of Asia's most recognized banks. This inspires us to constantly redefine boundaries, and deliver on our promises so as to exceed your expectations.

Global Finance

Treasury and Cash Management Providers 2015

Best Overall Treasury & Cash Management Bank, Singapore

Best Trade & Supply Chain Finance Awards 2015

Best Foreign Exchange Provider Awards 2015

Best FX Provider, Singapore Best FX Provider, Southeast Asia

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.